Under Armour Inc

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Global retail closures as coronavirus spreads – Update Beth Wright | 30 Mar 20

A raft of apparel and footwear brands and retailers including Next Plc, Primark, H&M, Nike and Gap Inc, are temporarily closing stores and suspending online operations as part of efforts to help limit the spread of the coronavirus (Covid-19) outbreak. 


US Q4 in brief – Oxford Industries, Shoe Carnival, G-III Apparel Group just-style | 27 Mar 20

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Oxford Industries has reported its twelfth consecutive quarter of positive comparable sales, and G-III Apparel Group saw profit rise but revenue fall. Elsewhere, Guess CEO Carlos Alberini has hailed a "strong" performance, and Lands' End has reported increases in both earnings and revenue. 


Under Armour monitors supply chain amid coronavirus fallout Beth Wright | 12 Feb 20

Under Armour is assessing the potential impact of the coronavirus outbreak on its supply chain as the US sportswear brand expects a hit of up to US$60m on first-quarter sales in the APAC region – and says it is looking at a potential 2020 restructuring plan.


Under Armour sourcing exec takes on COO role Hannah Abdulla | 6 Feb 20

Under Armour is embarking on a leadership shakeup that sees its supply chain exec Colin Browne assume greater responsibility as he becomes chief operating officer (COO).


US Q3 in brief –Boot Barn Holdings, VF Corp, Genesco just-style | 5 Feb 20

In the latest third-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered an increase in both profit and revenue with the company "well-positioned" to deliver a solid finish to fiscal 2020, Stage Stores has narrowed its net loss, and American Eagle Outfitters has booked record sales. Elsewhere, J.Crew Group has announced an agreement on the terms of a transaction that will enable it to separate its J.Crew and Madewell brands into two independent companies and pursue a proposed IPO of Madewell. 


US Q2 in brief – Boot Barn Holdings, VF Corp, Stage Stores just-style | 1 Nov 19

In the latest second-quarter filings from US apparel and footwear brands and retailers, Boot Barn Holdings has delivered what CEO Jim Conroy called an "outstanding" second-quarter, VF Corp has reaffirmed its full-year outlook, and Oxford Industries has posted its tenth consecutive quarter of consolidated comparable sales growth. Elsewhere, Genesco moved to a profit, while G-III Apparel Group has revised its full-year guidance in the wake of Trump's latest tariff hike. 


Under Armour's Frisk to succeed Plank as CEO Beth Wright | 23 Oct 19

US sportswear brand Under Armour is promoting president and COO Patrik Frisk to CEO in the New Year as current chief Kevin Plank steps aside to become executive chairman and brand chief, where he will focus on long-term vision and product.


Under Armour's Virgin Galactic spacesuits revealed Beth Wright | 18 Oct 19

US sportswear brand Under Armour has revealed a first look at the footwear and apparel it is developing for Virgin Galactic – the world’s first commercial spaceline.


US Q1 in brief – Boot Barn Holdings, VF Corp, Cherokee Global Brands just-style | 1 Aug 19

In the latest first-quarter filings from US apparel and footwear brands and retailers, VF Corp has raised its fiscal 2020 outlook, Cherokee Global Brands booked a mixed first quarter and announced it will officially rebrand to Apex Global Brands, Destination Maternity reported a challenging start to the year amid the news Marla Ryan will step down as CEO, while PVH Corp saw profits slip. Dick's Sporting Goods enjoyed higher sales as did Footlocker. 


Under Armour digitises size range for 3D avatar fleet Beth Wright | 12 Jul 19

US sportswear giant Under Armour has teamed up with apparel size and fit specialist Alvanon to digitise its fit forms to create a range of 3D digital avatars across sizes running from an infant 0 to men's 5XL.


US Q4 in brief – VF Corp, Boot Barn Holdings, Destination Maternity just-style | 23 May 19

In the latest fourth-quarter filings from US apparel and footwear brands and retailers, Iconix Brand Group reported a GAAP net loss, CEO of PHV Corp, Emanuel Chirico, said the company is "very pleased" with its fourth-quarter and full year 2018 results, and Guess Inc released its first results under new CEO Carlos Alberini.


New Under Armour apparel line mimics infra-red sauna Beth Wright | 5 Apr 19

The latest training apparel collection from US sportswear brand Under Armour features a new mineral-infused fabric technology that works to enhance performance by recycling the body's energy.


Under Armour achieves FLA accreditation Beth Wright | 15 Mar 19

The Fair Labor Association (FLA) has accredited US sportswear brand Under Armour's social compliance programme in a move that confirms the company has strong policies and practices in place to set goals, monitor, and remediate problems to improve conditions for the workers within its global supply chain.


US Q3 in brief – Boot Barn Holdings, VF Corp just-style | 6 Feb 19

In the latest third-quarter filings from US apparel and footwear brands and retailers, Francesca's Holdings Corporation swung to a third-quarter loss of US$16.2m, PVH Corp posted what CEO Emanuel Chirico called a "strong earnings performance", and Abercrombie booked its fifth consecutive quarter of positive comparable sales.


Under Armour to develop Virgin Galactic spacesuits Beth Wright | 25 Jan 19

US sportswear brand Under Armour could be sending its clothing into space after teaming up with Virgin Galactic to create space suits for passengers and pilots.


US Q2 in brief – Boot Barn Holdings, VF Corp, Sears just-style | 26 Oct 18

In the latest second-quarter filings from US apparel and footwear brands and retailers, VF Corp raised its full-year guidance on strong sales and earnings, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.


Under Armour to slash 400 more jobs Beth Wright | 21 Sep 18

Under Armour is to cut 3% of its global workforce as part of the US sportswear brand's 2018 restructuring plan in a move it says could push related expenses up to US$220m.


US Q1 in brief – Destination Maternity, Tailored Brands, Boot Barn just-style | 8 Aug 18

In the latest first-quarter filings from US apparel and footwear brands and retailers, PVH Corp saw revenues exceed guidance thanks to strength across the business, while Guess saw continued momentum in Europe and Asia push earnings and sales up in the three months ended 5 May. Dick's Sporting Goods raised its full-year outlook and Destination XL narrowed its net losses.


Top 10 apparel brands combined worth US$111.3bn Beth Wright | 1 Jun 18

The world’s top ten apparel brands have grown in value by 5% year-on-year and are now worth US$111.3bn, according to the 2018 Brandz Top 100 Most Valuable Global Brand rankings.


North America main source of Under Armour's woes Beth Wright | 14 Feb 18

Although Under Armour's fourth-quarter is an improvement on its last, one analyst says the US sportswear brand is still showing signs of a company in difficulty, particularly in North America - the main source of the firm's woes.


US Q3 in brief – Deckers Brands, Boot Barn Holdings just-style | 6 Feb 18

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.


Under Armour develops new footwear cushioning tech Beth Wright | 2 Feb 18

US sportswear brand Under Armour has developed a new footwear cushioning technology, designed to help runners to feel and perform better with less fatigue.


Under Amour partners with EOS to scale 3D footwear Beth Wright | 7 Dec 17

Embattled US sportswear brand Under Armour has partnered with EOS, a supplier of industrial 3D printing equipment, in a move aimed at boosting its 3D footwear business.


Under Armour makes strategic changes amid digital drive Michelle Russell | 5 Dec 17

In a move aimed at driving alignment in its digital business, embattled US sportswear brand Under Armour has made a number of strategic changes, including the appointment of a digital head.


Under Armour launches first subscription service Beth Wright | 23 Oct 17

US sportswear brand Under Armour has become the latest apparel retailer to launch an online subscription service that sees its customers sent boxes of handpicked items, customised to their specific training needs and personal style.


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding just-style | 22 Sep 17

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.


Under Armour opens footwear design innovation hub Beth Wright | 15 Sep 17

As part of its plans to build a stronger and smarter company with faster go-to-market speed and greater digital capabilities, Under Armour has opened a dedicated global innovation hub for footwear design in Portland, Oregon.


Under Armour eyes a more responsive positioning Michelle Russell | 3 Aug 17

As Under Armour's rapid growth trajectory starts to ease up, the athletic wear maker is now looking to position itself as a more responsive organisation, capable of fuelling and self-funding its growth more effectively.


Under Armour to close stores and cut jobs amid restructuring Michelle Russell | 1 Aug 17

Athletic wear maker Under Armour is to close stores and cut jobs as part of new plans to build a stronger and smarter company with faster go-to-market speed and greater digital capabilities.


Lululemon sues Under Armour over sports bra design Michelle Russell | 13 Jul 17

Canadian yoga wear brand Lululemon Athletica is understood to be suing rival sportswear firm Under Armour over claims it has copied the four-strap design of its best-selling sports bras.

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